-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
NCAB Group Acquires PreventPCB in Italy
February 22, 2021 | NCAB GroupEstimated reading time: 2 minutes
NCAB Group has acquired PreventPCB, one of the leading PCB suppliers in Italy, for SEK 185 million. Based in Vergiate, PreventPCB also serves customers in Switzerland. PreventPCB caters to customers in the HMLV (high-mix low-volume) segment, with a strong quality focus and its own laboratory.
In 2019, PreventPCB posted a turnover of SEK 225 million and an EBITA of a little over SEK 30 million. The company has 22 employees: 12 located in Italy and 10 in China.
The purchase price of SEK 185 million corresponds to a multiple of approximately six times EBITA before potential synergies. A further earn out potential of SEK 25 million may be added if certain sales targets are met in 2021. The acquisition will be accretive to earnings per share in NCAB Group in 2021. The combined net sales of PreventPCB and NCAB Italy will be approximately SEK 250 million, with a total of 21 employees in Italy. Synergies are expected in the areas of purchasing power, payment terms and factory management. The acquisition is financed by own funds in cash.
"We are very pleased to have acquired PreventPCB. The Italian PCB market is one of the largest in Europe and in a process of change. It is an important component of NCAB's strategy to actively participate in the consolidation of the market. PreventPCB is a company NCAB has known for a long time and has an impressive reputation for their quality and service. With this acquisition, our combined entity will make NCAB a leading supplier of PCB’s into the Italian and Swiss PCB markets and will create a strong player delivering high quality, high reliability and market leading customer service. PreventPCB will be integrated with NCAB Italy which is part of NCAB’s European segment, and the Prevent China team will be incorporated into NCAB’s extensive factory management team in China,” says Peter Kruk, CEO of NCAB Group.
Flavio Vergani, former owner and Chairman of PreventPCB, explains, "We are happy to be joining forces with NCAB Group. This is very positive both for our customers and employees. PreventPCB is a customer oriented organization with a strong focus on quality, reliability and service. Joining with NCAB will give our customers access to the best technology and their extensive factory base in China, Taiwan and Europe, as well as increased resources and competence worldwide. As the PCB supply market continues to develop this is an excellent time to take this step and grow together. The future value will benefit from the collaboration with PreventLAB, a laboratory of technological excellence and digital innovation, which provides services increasing the reliability of our customers’ products."
Suggested Items
IDTechEx Discusses Low-Loss Materials: The Enabler of Future Connected Vehicles?
05/06/2024 | IDTechExFuture connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience. Not only will drivers get access to more navigation and entertainment options, but they will also gain access to safety technologies that will potentially reduce accidents, improve congestion, and reduce emissions globally by allowing vehicle safety systems to communicate with each other and with city traffic infrastructure.
HBM Prices to Increase by 5–10% in 2025, Accounting for Over 30% of Total DRAM Value
05/06/2024 | TrendForceAvril Wu, TrendForce Senior Research Vice President, reports that the HBM market is poised for robust growth, driven by significant pricing premiums and increased capacity needs for AI chips.
Tablet Shipments Show Signs of Recovery in Q1 2024
05/06/2024 | IDCAfter more than two years of decline, worldwide tablet shipments posted modest year-over-year growth of 0.5% in the first quarter of 2024 (1Q24), totaling 30.8 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
Industrial PC Market Size to Record $1.75 Billion Growth from 2023-2027
05/03/2024 | PRNewswireThe global industrial pc market size is estimated to grow by USD 1.75 billion from 2023 to 2027, according to Technavio. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of almost 6.29% during the forecast period.
Real Time with… IPC APEX EXPO 2024: Direct Imaging Equipment and Quad-wave DLP Light Engine Technology
05/03/2024 | Real Time with...IPC APEX EXPOGuest Editor Kelly Dack and MivaTek's Brendan Hogan delve into the company's innovative technologies, including direct imaging equipment and quad-wave DLP light engine technology. They highlight the benefits of direct imaging, compensation, and DART technology.